2021 Foundations

Financial performance shortfall, ESG controversies, and ESG performance: Evidence from firms around the world

Ranjan Dasgupta

Finance research letters

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Cited by in snapshot: 4
References in snapshot: 10
Global cited by: 387

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Cited by 4

Is LGBT inclusion motivated by organizational performance? Exploring the relationships between performance feedback and LGBT inclusion in firms Serhan Kotiloglu, Aaron T. McDonald · 2023
Curse or blessing? Impact of the scope and duration of negative attainment discrepancy on ESG practices Shan Li et al. · 2024
How do aspirations work? Financial performance shortfalls and firms' green innovation Jing Zhao, Xiyun Cheng, Jintong Guo · 2025
Inconsistent performance feedback and ESG responsibility fulfilment: Empirical evidence from China Kun Zhang et al. · 2026

References 10

A comparison of alternative measures of organizational aspirations Philip Bromiley, Jared D. Harris · 2013
Dancing with Strangers: Aspiration Performance and the Search for Underwriting Syndicate Partners Joel A. C. Baum et al. · 2005
The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012
Situational and institutional determinants of firms' R&D search intensity Weiru Chen, Kent D. Miller · 2007
A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003
Organizational Aspirations, Reference Points, and Goals George A. Shinkle · 2011
Disentangling Risk and Change Aleksandra Kacperczyk, Christine M. Beckman, Thomas P. Moliterno · 2014
Contradictory yet Coherent? Inconsistency in Performance Feedback and R&D Investment Change Gerardus J. M. Lucas, Joris Knoben, Marius T.H. Meeus · 2015

Show 2 more referenced records

A Behavioral Theory of the Firm William J. Baumöl, Richard M. Cyert, J. G. March · 1964
The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012

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Renewing Research on Problemistic Search—A Review and Research Agenda Hart E. Posen et al. · 2017

13 shared references · rank 1 of 292

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52
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332
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How does inconsistent negative performance feedback affect the R&D investments of firms? A study of publicly listed firms David Diwei Lv et al. · 2019

12 shared references · rank 2 of 292

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102
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Driven by aspirations, but in what direction? Performance shortfalls, slack resources, and resource‐consuming vs. resource‐freeing organizational change Pasi Kuusela, Thomas Keil, Markku Maula · 2016

11 shared references · rank 3 of 292

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52
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87
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0.164
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0.086
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Innovation performance feedback and technological alliance portfolio diversity: The moderating role of firms’ R&D intensity Andrea Martínez‐Noya, Esteban García Canal · 2021

11 shared references · rank 4 of 292

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Curse or blessing? Impact of the scope and duration of negative attainment discrepancy on ESG practices Shan Li et al. · 2024

11 shared references · rank 5 of 292

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11
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52
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190
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0.111
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0.048
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Entering new markets: The effect of performance feedback near aspiration and well below and above it Ohad Ref, Zur Shapira · 2016

10 shared references · rank 6 of 292

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52
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Performance Feedback Persistence: Comparative Effects of Historical Versus Peer Performance Feedback on Innovative Search Yang Ye, Wei Yu, Robert S. Nason · 2020

10 shared references · rank 7 of 292

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52
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101
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0.070
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Organizational Aspirations, Reference Points, and Goals George A. Shinkle · 2011

10 shared references · rank 8 of 292

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52
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Performance Shortfall, Feedback Interpretation and R&D Search: The Differential Effects of Peers’ Performance Below Historical and Social Aspirations Lakshmi Goyal, Vikas Goyal · 2022

9 shared references · rank 9 of 292

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Signposts for Problemistic Search: Reference Points and Adaptation in Rugged Landscapes Axel Zeijen, Manuel Romagnoli, Luigi Marengo · 2025

9 shared references · rank 10 of 292

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Structuring the situation: Organizational goals trigger and direct decision-making Henrich R. Greve · 2023

9 shared references · rank 11 of 292

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Organizational Goals: Antecedents, Formation Processes and Implications for Firm Behavior and Performance Josip Kotlar et al. · 2018

9 shared references · rank 12 of 292

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Performance Feedback and Risk‐Taking: A Configurational Approach Lakshmi Goyal, Manish Popli · 2023

9 shared references · rank 13 of 292

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Organizational Learning from Performance Feedback: A Behavioral Perspective on Multiple Goals: A Multiple Goals Perspective Pino G. Audia, Henrich R. Greve · 2021

9 shared references · rank 14 of 292

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Determinants of Firms' Backward- and Forward-Looking R&D Search Behavior Weiru Chen · 2008

8 shared references · rank 15 of 292

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52
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87
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All Aspirations are not Created Equal: The Differential Effects of Historical and Social Aspirations on Acquisition Behavior Ji‐Yub Kim, Sydney Finkelstein, Jerayr Haleblian · 2014

8 shared references · rank 16 of 292

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Attention to market expansion: Aspirational antecedent and risk-taking consequence Renfei Gao et al. · 2025

8 shared references · rank 17 of 292

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How do aspirations work? Financial performance shortfalls and firms' green innovation Jing Zhao, Xiyun Cheng, Jintong Guo · 2025

8 shared references · rank 18 of 292

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109
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Is LGBT inclusion motivated by organizational performance? Exploring the relationships between performance feedback and LGBT inclusion in firms Serhan Kotiloglu, Aaron T. McDonald · 2023

8 shared references · rank 19 of 292

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52
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112
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Change or stability? A meta-analysis of organizational responses to social and historical performance feedback Stefan Breet, Pursey Heugens, Anna Nadolska · 2025

8 shared references · rank 20 of 292

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Co-citation

Records cited together by the same public-snapshot records.

Contradictory yet Coherent? Inconsistency in Performance Feedback and R&D Investment Change Gerardus J. M. Lucas, Joris Knoben, Marius T.H. Meeus · 2015

4 shared citing records · rank 1 of 27

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39
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Organizational responses to performance feedback: A meta-analytic review Serhan Kotiloglu, Yan Chen, Thomas Lechler · 2019

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Driven by aspirations, but in what direction? Performance shortfalls, slack resources, and resource‐consuming vs. resource‐freeing organizational change Pasi Kuusela, Thomas Keil, Markku Maula · 2016

4 shared citing records · rank 3 of 27

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62
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Renewing Research on Problemistic Search—A Review and Research Agenda Hart E. Posen et al. · 2017

4 shared citing records · rank 4 of 27

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94
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The Behavioral Theory of the Firm: Assessment and Prospects Giovanni Gavetti et al. · 2012

4 shared citing records · rank 5 of 27

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4
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110
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Performance Feedback Persistence: Comparative Effects of Historical Versus Peer Performance Feedback on Innovative Search Yang Ye, Wei Yu, Robert S. Nason · 2020

3 shared citing records · rank 6 of 27

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15
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Deviant versus Aspirational Risk Taking: The Effects of Performance Feedback on Bribery Expenditure and R&D Intensity Dean Xu, Kevin Zheng Zhou, Fei Du · 2018

3 shared citing records · rank 7 of 27

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Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options Elizabeth Lim, Brian T. McCann · 2013

3 shared citing records · rank 8 of 27

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A comparison of alternative measures of organizational aspirations Philip Bromiley, Jared D. Harris · 2013

3 shared citing records · rank 9 of 27

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4
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65
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0.186
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Organizational Aspirations, Reference Points, and Goals George A. Shinkle · 2011

3 shared citing records · rank 10 of 27

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Determinants of Firms' Backward- and Forward-Looking R&D Search Behavior Weiru Chen · 2008

3 shared citing records · rank 11 of 27

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Situational and institutional determinants of firms' R&D search intensity Weiru Chen, Kent D. Miller · 2007

3 shared citing records · rank 12 of 27

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A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003

3 shared citing records · rank 13 of 27

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Performance, Aspirations, and Market Versus Nonmarket Investment Bruce C. Rudy, Andrew F. Johnson · 2013

2 shared citing records · rank 14 of 27

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Short- and Long-Term Performance Feedback and Absorptive Capacity Chanan Ben-Oz, Henrich R. Greve · 2012

2 shared citing records · rank 15 of 27

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A Behavioral Model of Innovative Search: Evidence from Public Hospital Services Torsten Oliver Salge · 2010

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Comparing Aspiration Models: The Role of Selective Attention Mark Washburn, Philip Bromiley · 2011

2 shared citing records · rank 17 of 27

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Variations in R&D Investments of Family and Nonfamily Firms: Behavioral Agency and Myopic Loss Aversion Perspectives James J. Chrisman, Pankaj C. Patel · 2012

2 shared citing records · rank 18 of 27

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New product introductions below aspirations, slack and R&D alliances: A behavioral perspective Beverly B. Tyler, Turanay Caner · 2015

2 shared citing records · rank 19 of 27

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All Aspirations are not Created Equal: The Differential Effects of Historical and Social Aspirations on Acquisition Behavior Ji‐Yub Kim, Sydney Finkelstein, Jerayr Haleblian · 2014

2 shared citing records · rank 20 of 27

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